Call reports 2025
MERCHANTS & MARINE BANK — 2025
What MERCHANTS & MARINE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 729,622,000 | 948,348,000 | 947,474,000 | 940,070,000 |
| Total loans | 467,290,000 | 470,971,000 | 473,476,000 | 450,899,000 |
| Allowance for loan losses | 6,324,000 | 6,680,000 | 6,703,000 | 5,362,000 |
| Securities available for sale | 99,356,000 | 303,053,000 | 304,054,000 | 300,095,000 |
| Securities held to maturity | 34,479,000 | 29,495,000 | 19,508,000 | 19,496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 621,060,000 | 642,147,000 | 637,256,000 | 631,040,000 |
| Interest-bearing deposits | 613,213,000 | 508,066,000 | 513,115,000 | 516,616,000 |
| Noninterest-bearing deposits | 7,847,000 | 134,081,000 | 124,141,000 | 114,424,000 |
| Equity capital | 93,508,000 | 92,130,000 | 95,354,000 | 97,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 9,472,000 | 21,166,000 | 33,834,000 | 46,143,000 |
| Interest expense | 604,000 | 2,765,000 | 5,745,000 | 8,648,000 |
| Net interest income | 8,868,000 | 18,401,000 | 28,089,000 | 37,495,000 |
| Noninterest income | 2,037,000 | 4,241,000 | 6,450,000 | 8,530,000 |
| Noninterest expense | 9,940,000 | 20,311,000 | 30,351,000 | 40,245,000 |
| Provision for loan losses | 81,000 | 539,000 | 680,000 | 537,000 |
| Pretax income | 921,000 | 1,762,000 | 3,467,000 | 5,198,000 |
| Income tax | 100,000 | 187,000 | 466,000 | 739,000 |
| Net income | 821,000 | 1,575,000 | 3,001,000 | 4,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,895,000 | 94,054,000 | 95,610,000 | 96,142,000 |
| Total capital | 100,343,000 | 100,925,000 | 102,515,000 | 101,710,000 |
| Risk-weighted assets | 587,364,000 | 571,637,000 | 574,712,000 | 539,068,000 |